HMRC charges Stamp Duty Land Tax (SDLT) on property transactions in the UK where the value is more than certain thresholds.
Some transactions qualify for reliefs that reduce the amount of tax you pay, or mean that you do not pay Stamp Duty Land Tax.
These claims are applicable under certain conditions as below:
- Relief for First-Time Homebuyers
- Shared Ownership First-Time Buyer Assistance
- Multiple Dwellings Stamp Duty Tax Relief
- Home Purchase by Building Companies
- Employer-Assisted Home Purchases
- Relief for Compulsory Property Acquisition
- Property Developers with Planning Commitments
- Corporate Property Transfers
- Seeding Relief for Real Estate Investment Trusts or Co-Ownership Schemes
- Charitable Organization Property Relief
- Discounts for Right to Buy Scheme
- Social Housing Provider Incentives
- Benefits for Crown Employees
- Tax Incentives for Freeport Areas
- Various Other Tax Reliefs